State grants have been issued to C. Cowles & Company so it can move from New Haven, Massachusetts to North Haven, Connecticut, according to the New Haven Register.
The company will move to the old Marlin Firearms Co. location in the town. The announcement was made this week by Governor Dannel P. Malloy. The Carlin Combustion Technology division will make the move.
“The driving force behind it was combining operations with the one (business) in Massachusetts and the other business in New Haven. … We just couldn’t combine two businesses in New Haven, there just wasn’t enough room,” said Lawrence Moon Jr., chief executive officer of C. Cowles.
The economic development administrator for New Haven, Matthew Nemerson, said that the company had nowhere to expand in the city.
“I think it was fortunate for all of us that this site was available in the region, which gives Larry (Moon) the opportunity to grow,” Nemerson said.
Moon noted that the company will not shed any jobs when moving to the new site.
“It was never our intention to eliminate while consolidating,” he said. “Some companies consolidate to save money, but there were no jobs lost.”
He also said that the move will take close to one year to complete.
“It will be the end of 2015 before we get out of there,” Moon said.
The company was founded more than 160 years ago in New Haven. It has manufactured a variety of products, including commercial lighting, metal stamping, lanterns and boiler controls throughout its history.
The company has even added 59 new jobs to its workforce of 116. The company received $250,000 from the Department of Economic and Community Development as a job training grant to help hire and train the new employees.
C. Cowles is also receiving $1.77 million in loans from DECD to finance the move to the new location.
“It’s nice to see the DECD come in to offer Larry (Moon) some finances to ease the transition costs,” said North Haven First Selectman Michael Freda.
Malloy continued with the following at the announcement:
“We’re investing heavily in the industrial sector. … This is a vital source of good pay and good benefits. We’ve invested in our vocational schools and manufacturing programs in our community colleges to make a greater emphasis on programs like the CONNSTEP curriculum … by taking steps to close the existing skills gap with these initiatives, we’re doing a better job aligning educational performance standards with real world expectations and needs.”
Looking for a job change? Visit here for manufacturing jobs in Connecticut and apply for available openings.C. Cowles & Co. Leaving Massachusetts for Connecticut While Creating Jobs by Jim Vassallo